Dubai International & Multi-Currency Bank Account

Dubai is built around international business. Companies trading between the Middle East, Europe, Asia and Africa often need to receive and make payments in more than one currency rather than converting every transaction through a single dirham account.

Coutts Consultants can help identify a suitable third-party banking or payment provider and assist with the application. We look at the currencies, countries and expected payment activity so that the proposed account matches the way the business actually trades.

Useful for international companies

This service can suit trading companies, consultants, regional headquarters, online businesses and companies with overseas customers or suppliers.

Available currencies and payment facilities vary between providers, so we confirm what is currently offered before making an introduction.

Choosing the right account

Some businesses need a conventional bank account with a broad range of corporate banking facilities. Others mainly need efficient international collections, payments and currency management.

We consider the commercial requirement first and explain what type of provider is being proposed.

Preparing the international payment profile

Providers usually want to understand which countries the company deals with, expected payment values, currencies and the nature of customers and suppliers.

We help organise this information with the normal company, ownership and source-of-funds documents.

How Coutts Consultants can help

We review the international banking requirement, identify a suitable provider route and help prepare the application before making an introduction.

The provider makes the final acceptance decision and sets its own currencies, fees, exchange rates and account conditions.